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president obama chastised in his speech congress for taking too long to get the deal done. but he also threw something out at republicans saying if they think that spending cuts is the only thing that's going to reduce the deficit, they have another thing coming and that basically references the $16.5 trillion in debt which is the next issue on the table. a lot of republicans were offended and it could antagonize enough of them to jeopardize an "up" vote on this bill to get it done. >> they are making progress. that's a good sign in the new year. we see what the house says today. tara mergener live on this new year's day in washington, thank you. >>> and that's how they rang in 2013. about a million people in all over the world got the times square treatment. new york's crystal ball dropped into the new year. it was cold but worth it they say to join the party. looks like the weather cooperated for a spectacular night of fireworks along the waterfront in san francisco. they jammed the embarcadero as midnight approached. when it was all over the cars jammed the streets in th
president obama chastised in his speech congress for taking too long to get the deal done. but he also threw something out at republicans saying if they think that spending cuts is the only thing that's going to reduce the deficit, they have another thing coming and that basically references the $16.5 trillion in debt which is the next issue on the table. a lot of republicans were offended and it could antagonize enough of them to jeopardize an "up" vote on this bill to get it done....
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so people in congress, members of congress are saying e we definitely want her to testify. we want her to explain what happened. and then after that, theoretically, you could have the man whom president obama wants to be the next person in line to go through his nomination hearings and we could move forward. but look where we are. it's three weeks before the inauguration. time is really moving fast. >> had that's for sure. thanks so much. jill dougherty at the state department. >>>. wedding vows and not new year's resolutions are being recited today as another state allows same-sex marriages. where is flo? anybody know where flo is? are you flo? yes. is this the thing you gave my husband? well, yeah, yes. the "name your price" tool. you tell us the price you want to pay, and we give you a range of options to choose from. careful, though -- that kind of power can go to your head. that explains a lot. yo, buddy! i got this. gimme one, gimme one, gimme one! the power of the "name your price" tool. only from progressive. >>> same-sex couples are now tying the knot in a new stat
so people in congress, members of congress are saying e we definitely want her to testify. we want her to explain what happened. and then after that, theoretically, you could have the man whom president obama wants to be the next person in line to go through his nomination hearings and we could move forward. but look where we are. it's three weeks before the inauguration. time is really moving fast. >> had that's for sure. thanks so much. jill dougherty at the state department....
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>> well, president obama during that speech criticized congress for taking too long to come up with this deal. he also laid the groundwork for another problem that's coming and that's basically burrough -- upping the country's burrough limit. republicans will no doubt try to use upping that in ex-kang for spending cuts. and to which the president said, they have another thing coming if they think that's going to be the case. spending cuts alone are not going to be able to reduce the country's deficit. so we have that coming. senator john mccain said basically that's going to antagonize a lot of the house members and possibly jeopardize the vote. >> a lot of negotiations still need to be done. all right, tara mergener live in washington for us, thank you. >>> what a night! the weather cooperated for a spectacular night of fireworks along the waterfront right here in san francisco. beautiful view, big crowds jamming the embarcadero. when it was over the cars jammed all the streets in the area. everyone had to go home. although many are still here. new year's celebration was not 100% peacef
>> well, president obama during that speech criticized congress for taking too long to come up with this deal. he also laid the groundwork for another problem that's coming and that's basically burrough -- upping the country's burrough limit. republicans will no doubt try to use upping that in ex-kang for spending cuts. and to which the president said, they have another thing coming if they think that's going to be the case. spending cuts alone are not going to be able to reduce the...
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host: president obama talking about what democrats won, potentially, in this deal. a writer for the nation -- "the nation" -- as he writes, the bill was approved, and most republicans were behind it. they're worse -- there were some no votes. there were five republican nos. there were three knows from the democrats, senators bennett, harper, and tom harkin. richard in capitol heights, maryland, an independent color. caller: thank you for taking my call. those people realize that this so-called fiscal cliff, but there is a reason why these tax cuts camp -- come up every year. it is so they can keep debating over the american people, to allow the american people to pay super rich people's america -- their taxes. i just do not get what people do not understand that this is why it comes up every year. that is what we will keep doing. this is what they are fighting for. it is wild. sexting dollar trillion of debt is bush and obama tax cuts -- $16 trillion that is the bush tax cuts that keep coming up. the medicare plan be. that is the other is trillion dollars. we cannot
host: president obama talking about what democrats won, potentially, in this deal. a writer for the nation -- "the nation" -- as he writes, the bill was approved, and most republicans were behind it. they're worse -- there were some no votes. there were five republican nos. there were three knows from the democrats, senators bennett, harper, and tom harkin. richard in capitol heights, maryland, an independent color. caller: thank you for taking my call. those people realize that this...
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. >> brian: straight ahead, president obama wanted congress to get raises. but most americans think they're doing a very bad job. will lawmakers see more money in their paychecks? there is an update. >> steve: kind of a diplomay day in washington. chances are you watched the times square ball drop. down south it was all about the peach. we're going to show you how the rest of the country rang in the new year when "fox & friends" rolls on live from new york city >> brian: more than a billion people -- okay, a million. gather to do watch a ball drop in times square. another part of the country, people rang in the new year with some unusual traditions. atlanta, it was all about the peach. the 800-pound peach is juicy, has been a tradition since 1989. in orlando, more fruit. thousands of people gathered to drop the orange. >> juliet: why are you talking like that? >> brian: this year, not only rang in the new year, but marked the 500th anniversary of florida's discovery of the orange. >> juliet: yea, to florida. >> brian: we discovered florida. it was just sitti
. >> brian: straight ahead, president obama wanted congress to get raises. but most americans think they're doing a very bad job. will lawmakers see more money in their paychecks? there is an update. >> steve: kind of a diplomay day in washington. chances are you watched the times square ball drop. down south it was all about the peach. we're going to show you how the rest of the country rang in the new year when "fox & friends" rolls on live from new york city...
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president obama took credit for breaking 20 years of gop opposition to tax hikes. >> keep in mind that just last month, republicans in congress said they would never agree to raise tax rates on the wealthiest americans. >> reporter: five senate republicans voted no. >> middle class families will wake up today to the assurance their taxes won't go up $2,200 each. >> reporter: not so fast. house speaker john boehner and his gop lawmakers might not go along. boehner sent house members home to celebrate the new year without a vote to avoid the fiscal cliff. >> listen, this is disgusting. and everybody involved should be embarrassed. >> reporter: the economy could still take a hit. while the house takes up maybe later today whether to follow the senate's lead and hike taxes on the wealthy. from capitol hill, steve handelsman, nbc news. bill, back to you. >> reaction to the senate's move was swift as many people were still up welcoming the new year. familiar faces on msnbc were in rare form starting with joe scarborough who tweeted, why can't washington ever put together a deal that cuts spe
president obama took credit for breaking 20 years of gop opposition to tax hikes. >> keep in mind that just last month, republicans in congress said they would never agree to raise tax rates on the wealthiest americans. >> reporter: five senate republicans voted no. >> middle class families will wake up today to the assurance their taxes won't go up $2,200 each. >> reporter: not so fast. house speaker john boehner and his gop lawmakers might not go along. boehner sent...
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. >> reporter: president obama had scolded congress for waiting so long. >> one thing we can count on with respect to this congress is that if there's even one second left before you have to do what you're supposed to do, they will use that last second. >> reporter: the bush era tax cuts remain in place for individuals earning as much as $400,000 a year and families $450,000 a year. far above the $250,000 on which president obama campaigned. those making more will see higher income taxes, capital gains and dividends rates. san francisco tax attorney rob wood says you will notice on the paycheck one popular tax cut will be history. >> say the average person earning $1,500 a year will earn $20 more in tax increases. >> reporter: it extends unemployment benefits for one year and keep the child tax credit for workers who don't earn enough to pay income taxes. and the alternative minimum tax got a tax for inflation. that shields an average of $300,000 each in higher taxings. get ready for a confusing tax season. >> it's very likely that people will not be able to file on time and not be ab
. >> reporter: president obama had scolded congress for waiting so long. >> one thing we can count on with respect to this congress is that if there's even one second left before you have to do what you're supposed to do, they will use that last second. >> reporter: the bush era tax cuts remain in place for individuals earning as much as $400,000 a year and families $450,000 a year. far above the $250,000 on which president obama campaigned. those making more will see higher...
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. >> reporter: president obama had scolded congress for waiting so long. >> one thing we can count on with respect to this congress is that if there's even one second left before you have to do what you're supposed to do, they will use that last second. >> reporter: the bush-era tax cuts remain in place for individuals earning as much as $400,000 a year, far above the 250,000 level on which president obama campaigned. but those making more will see higher income taxes, capital gains, plus a new health care reform surtax. rob wood says you'll notice in your paycheck one popular tax cut will be history. >> the average person, say, earning $50,000 a year is going to pay about $1,000 more in payroll taxes in 2013. >> reporter: the fiscal cliff agreement also increases taxes on estates worth more than $5 million and extends unemployment benefits for one year and keeps the child tax credit for workers who don't earn enough to pay income taxes. the alternative minimum tax got a pat for inin addition. that shields 33 million taxpayers. even with the budget compromise, get ready for a confusin
. >> reporter: president obama had scolded congress for waiting so long. >> one thing we can count on with respect to this congress is that if there's even one second left before you have to do what you're supposed to do, they will use that last second. >> reporter: the bush-era tax cuts remain in place for individuals earning as much as $400,000 a year, far above the 250,000 level on which president obama campaigned. but those making more will see higher income taxes, capital...
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testimony, if congress accepts this deal, being put together tonight, congress could claw back up the cliff. >> just hours before midnight deadline, president obama gathered supporters to announce a deal was within site. >> our immediate priority is middle class families starting tomorrow. i think that is a modest goal that we can accomplish. >> the vice president and senate republican leader leading negotiations, but phone shall deal is expected to increase estate tax from 35ses today 40%. extend unemployment benefits, and bring back higher clinton era tax rates on households making more than $450,000 a year, that $450,000 fresh hold is a major concession. tom harkin threatened to pull support. >> the deal must be one that favors the middle class and he cautioned rinz against taking a spending cuts only approach. >> if they think that is going to be the formula they've got another thing coming. >> some quickly condemned the comments. >> it's dismissive and insulting. >> that is not the way presidents should lead. >> for republicans in congress who said they'd never raise taxes on any
testimony, if congress accepts this deal, being put together tonight, congress could claw back up the cliff. >> just hours before midnight deadline, president obama gathered supporters to announce a deal was within site. >> our immediate priority is middle class families starting tomorrow. i think that is a modest goal that we can accomplish. >> the vice president and senate republican leader leading negotiations, but phone shall deal is expected to increase estate tax from...
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president obama said he would have preferred a grand bargain that solved all of washington's revenue and spending problems. >> with this congress, that was obviously a little too much to hope for at this time. [ laughter ] >> it may be we can do it in stages. >> reporter: negotiations have been going on all day. lawmakers and aides moving back and forth between meeting rooms here on capitol hill on what is normally a quiet new year's eve. the major sticking upon the now is spending. the president suggested lawmakers make action on deficit reduction in the next few months and that more tax revenue could be involved in those discussions. but republicans are furious at that possibility. >> i'm willing to support revenues to deal with this problem. the overall problem. but what i will not grow to is using revenues to replace spending reductions. >> reporter: even if the senate approves the deal by midnight the house still has to pass the measure before the president can sign it into law. the house left earlier this evening, but it doesn't matter in terms of the "fiscal cliff" agreement b
president obama said he would have preferred a grand bargain that solved all of washington's revenue and spending problems. >> with this congress, that was obviously a little too much to hope for at this time. [ laughter ] >> it may be we can do it in stages. >> reporter: negotiations have been going on all day. lawmakers and aides moving back and forth between meeting rooms here on capitol hill on what is normally a quiet new year's eve. the major sticking upon the now is...
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president obama said he would have preferred a grand bargain that solved all of washington's revenue and spending problems. >> with this congress, that was obviously too many to hope for at this time. [ laughter ] >> maybe we can do it in stages. >> reporter: negotiations have been going on all day. lawmakers and aides are moving back and forth between meeting rooms on capitol hill on what is normally a quiet new year's eve. the sticking point is spending. the president said to take action on deficit reduction in the next few months and more tax revenue could be involved in those discussions but republicans are furious at that possibility. >> i'm willing to support revenues to deal with this overall problem but what i will not agree to using revenues to replace spending reductions. >> reporter: even in the senate approves the deal by midnight, the house has to pass it. >>> once the deal is done, what will it mean to you and your family's finances? cbs 5 reporter grace lee with the consequences of a compromise. >> reporter: this deal is not official until both houses pass it and it's
president obama said he would have preferred a grand bargain that solved all of washington's revenue and spending problems. >> with this congress, that was obviously too many to hope for at this time. [ laughter ] >> maybe we can do it in stages. >> reporter: negotiations have been going on all day. lawmakers and aides are moving back and forth between meeting rooms on capitol hill on what is normally a quiet new year's eve. the sticking point is spending. the president said...
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the house stands >> fiscal cliff negotiations continue between congress and the white house. the house returns tomorrow at noon eastern. we will have coverage here on c- span. president obama spoke about the afternoon,ff this ev but in the agreement will not happen before tomorrow. his remarks are 10 minutes. >> happy new year to you. hello, everybody. thank you. please, everybody, have a seat. good afternoon, everybody. welcome to the white house. i realize that the last thing you want to hear on new year's eve is another speech from me. but i do need to talk about progress that is being made in congress today. for the last few days, leaders of both parties have been working on an agreement that will prevent the middle-class tax hikes hitting 90% of all americans starting tomorrow. preventing that tax hike has been my top priority. it is the last thing that folks like who are appear on this stage can afford right now, to pay an extra $2,000 in taxes. the middle class taxes cannot afford it -- middle-class families cannot afford it, and our economy cannot afford it. today it
the house stands >> fiscal cliff negotiations continue between congress and the white house. the house returns tomorrow at noon eastern. we will have coverage here on c- span. president obama spoke about the afternoon,ff this ev but in the agreement will not happen before tomorrow. his remarks are 10 minutes. >> happy new year to you. hello, everybody. thank you. please, everybody, have a seat. good afternoon, everybody. welcome to the white house. i realize that the last thing you...
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what democrats in congress want is more money. that's what president obama is facing. a full second term of under very constrained circumstances. he wants more rev new. i think he also wants, as much as he feels like he has that sword over republicans, the fact is if the economy goes into recession, that is going to affect the prospects for a successful second term for him and n a profound way. >> congressman cummings, if i still have you, i'm interested in your take on this. i think some friction between even a democratic controlled white house and a democratic controlled house or a democratic controlled congress, there is some friction built in, whether it's a democrat, a democratic republican or a republican. mostly privately they said he didn't listen to us and care about the house. never searched in the house. how open are the liens of communication on the fiscal cliff between house democrats, yourself, leader pelosi, and the white house, whether it's president obama or vice president biden or senior level staff that you feel as though what you guys want and need
what democrats in congress want is more money. that's what president obama is facing. a full second term of under very constrained circumstances. he wants more rev new. i think he also wants, as much as he feels like he has that sword over republicans, the fact is if the economy goes into recession, that is going to affect the prospects for a successful second term for him and n a profound way. >> congressman cummings, if i still have you, i'm interested in your take on this. i think some...
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president obama in a radically different congress controlled by house speaker nancy pelosi and senate majority leader harry reid revisitted the bush tax cuts. in two separate votes in february, 2009, and december, 2010, democrats could have increased taxes on the wealthy if they really believed that what they now say. did they raise taxes on the wealthy? no. why not? democrats could have permanently protected lower and middle income families there higher taxes if democrats really believed what they now say. did they? no. why not? mr. speaker, why would a democrat congress and white house say they want to tax the wealthy but not do it? why would a democrat congress and white house say they want permanent tax relief for lower and middle income taxpayers yet not give it? the answer is simple, washington democrats twice voted against tax increases on the wealthy and twice voted against giving permanent tax relief to lower and middle income families so that they could run campaigns onp human emotions like greed, envy, and class warfare, and campaign against the very tax policies democrats
president obama in a radically different congress controlled by house speaker nancy pelosi and senate majority leader harry reid revisitted the bush tax cuts. in two separate votes in february, 2009, and december, 2010, democrats could have increased taxes on the wealthy if they really believed that what they now say. did they raise taxes on the wealthy? no. why not? democrats could have permanently protected lower and middle income families there higher taxes if democrats really believed what...
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won wonders whether congress has earned their raise. grover and i have never agreed on anything rat all except the fact that congressmen shouldn't have had a raise on thursday. good morning, goo to see again. >> good morning. >> you continue to engage in the conversation which i always appreciate. let me ask you this, you don't want taxes going up on anyone. but when things looked like they were aat an impasse and house speaker john boehner, the highest elected in the country. put forward his plan b about a week ago, you read it through, and you said you would be okay with people who had signed this anti tax pledge of yours voting for that bill. voting for an increase of taxes. and you will phrase it differently. voting for something that will allow taxes to go up for those that make more than $1 million a year. that seems like a sea change. why did you agree to that? >> it wasn't a sea change. this is a written commitment by many congressmen and senators, governors, state legislators, that they'll oppose any and all efforts to raise ta
won wonders whether congress has earned their raise. grover and i have never agreed on anything rat all except the fact that congressmen shouldn't have had a raise on thursday. good morning, goo to see again. >> good morning. >> you continue to engage in the conversation which i always appreciate. let me ask you this, you don't want taxes going up on anyone. but when things looked like they were aat an impasse and house speaker john boehner, the highest elected in the country. put...
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president obama issued a warning on "meet the press." >> on midnight, december 31st, if congress doesn't act, then everybody's taxes go up. and for the average family, that could mean a loss of $2,000 in income. for the entire economy, that means consumers have a lot less money to make purchases, which means businesses are going to have a lot less customers, which means that they're less likely to hire and the whole economy could slow down at a time when the economy is starting to pick up. >> but after it was all said and done, leaders on the senate floor couldn't get anything done, at least not yet. >> there's no single issue that remains an impossible sticking point. the sticking point appears to be a willingness and interest or frankly the courage to close the deal. i want everyone to know, i'm willing to get this done, but i need a dance partner. >> this morning, we've been trying to come up with some counteroffice to my friend's proposal. we haven't been able to do that. i've had a number of conversations with the president and at this stage, we're not able to make the counteroffer.
president obama issued a warning on "meet the press." >> on midnight, december 31st, if congress doesn't act, then everybody's taxes go up. and for the average family, that could mean a loss of $2,000 in income. for the entire economy, that means consumers have a lot less money to make purchases, which means businesses are going to have a lot less customers, which means that they're less likely to hire and the whole economy could slow down at a time when the economy is starting...
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they passed obama care and all of this other stuff on the nation. but then in 2010 those moderate democrats or conservative democrats were defeated by conservative republicans who ran as pro life, pro marriage and smaller government and less taxes and that we have now the most conservative house of representatives in modern history. those issues win when they come from the heart as you have shown and then you can talk about them. the problem is we've got some republicans that only want to talk about these things at election time only to check the boxes and not because it eminates from the heart. >> it is going to be an interesting time to watch and see if the message continues to permeate in the leadership of the party. you are right. if it does, and the pro life and pro family voters who are by the way always fiscal conservatives, if they have no where else to go , they will either create a third party movement, they will become independent and support possibly even conservative democrats or they will just stay home and forget about it. tony, great
they passed obama care and all of this other stuff on the nation. but then in 2010 those moderate democrats or conservative democrats were defeated by conservative republicans who ran as pro life, pro marriage and smaller government and less taxes and that we have now the most conservative house of representatives in modern history. those issues win when they come from the heart as you have shown and then you can talk about them. the problem is we've got some republicans that only want to talk...
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president obama announced this weekend he'll presented package to congress to make sure the shootings in newtown connecticut do not fade from public attention. >>> it certainly won't feel like that to me. this is something that -- that was the worst say of my presidency and it's not something that i want to see repeated. >> the president admits will be resistant, but for congressional leaders willing to make a change in gun laws, he says armed guards in schools will work. >> i am skeptical that the only answer is putting more guns in schools. and i think the vast majority of the american people are skeptical that that somehow is going to solve our problem. >>> a half dozen teachers took a firearmed training course, some who had never handled a gun. the population is not only affected by the shootings, but the movie theater shootings in july killing i 6-year-old girl. >> according to the marin, the community have given $10,000. officials plan to offer $200 for automatic weapons and riflefle. >>> the bill faces an uncertain future in the house. >> there are a couple of reasons why the $
president obama announced this weekend he'll presented package to congress to make sure the shootings in newtown connecticut do not fade from public attention. >>> it certainly won't feel like that to me. this is something that -- that was the worst say of my presidency and it's not something that i want to see repeated. >> the president admits will be resistant, but for congressional leaders willing to make a change in gun laws, he says armed guards in schools will work....
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and their efforts in congress. here is what he had to say. [video clip] >> i am confident that we will see an agreement in the next 48 hours. if that does not happen, democrats in the senate will put a bill on the floor of the senate and republicans will have to decide whether or not they will block it, meaning that middle-class taxes go up. i do not think that they would want to do that, politically, but they may wind up doing that. if all else fails so that taxes go up on middle-class families on january 1, we will come back with a new congress on the fourth and the first bill on the floor will be to cut taxes on middle-class families. i do not think that the average person is one to say -- gosh, that is a really partisan agenda on the part of the president or democrats in congress. people will say -- that makes sense, that is what the economy needs right now. if one way or another we get through this -- do i wish that things were more orderly in washington, rational? that people listened to the best arguments, compromised, operating in an
and their efforts in congress. here is what he had to say. [video clip] >> i am confident that we will see an agreement in the next 48 hours. if that does not happen, democrats in the senate will put a bill on the floor of the senate and republicans will have to decide whether or not they will block it, meaning that middle-class taxes go up. i do not think that they would want to do that, politically, but they may wind up doing that. if all else fails so that taxes go up on middle-class...
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president obama says he's optimistic that congress will reach a deal in time. chris mozingo has the story. >> reporter: converses running out of time if before the economy will go over the fiscal cliff. they say that reaching a deal will not be easy. >> we cannot afford a politically self-inflicted wound to the economy. the people that you sent to washington half to do with their jobs. >> mitch mcconnell was are riding on capitol hill just hours before meeting with obama. >> we are going to see if we can get there in the next 24 hours. i am hopeful and optimistic. >> politicians on both sides have the responsibility but the president's tax hike will not do much to address the debt. >> the top 25 of american will not even pay one-third of the annual interest that is owed for this 16 trillion dollar debt. >> washington will return before the end of the year but they are likely to be burning the midnight oil. >>> we'll take a quick break on kron 4 news weekend. but first, let's take a live look outside at san francisco from our roof cam here on van ness avenue. le
president obama says he's optimistic that congress will reach a deal in time. chris mozingo has the story. >> reporter: converses running out of time if before the economy will go over the fiscal cliff. they say that reaching a deal will not be easy. >> we cannot afford a politically self-inflicted wound to the economy. the people that you sent to washington half to do with their jobs. >> mitch mcconnell was are riding on capitol hill just hours before meeting with obama....
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the cause of that fire is under investigation. >>> president obama says it is up to congress to find a way back from the so-called fiscal cliff. he reached out to republicans but the refusal to raise taxes on the rich has blocked negotiations. congress will reconvene today with a senate meeting in a little more than an hour from now. >>> a winter storm is dumping more snow on the east coast this morning. it comes days after another storm is being blamed for the death of 16 people. boston's mayor has declared a snow emergency as some parts of the east coast get ready for up to a foot of new snow. >>> many people don't like the snow others are pretty excited for that snow. sledders in new york took advantage of the snow and turned the park into a winter wonder land. some snow lovers even did a little cross country skiing. several inches have fallen in the area over the past few days. in west oakland a man says it felt like an earthquake when a tree came crashing down. a nearly 30-foot tree came down narrowing missing homes and cars. the tree had been there for at least 60 years. >>> in
the cause of that fire is under investigation. >>> president obama says it is up to congress to find a way back from the so-called fiscal cliff. he reached out to republicans but the refusal to raise taxes on the rich has blocked negotiations. congress will reconvene today with a senate meeting in a little more than an hour from now. >>> a winter storm is dumping more snow on the east coast this morning. it comes days after another storm is being blamed for the death of 16...
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and on friday congress meets in joint session to confirm barack obama as the official winner of the presidential election. and still on the subject of washington, here's norah o'donnell who will be filling in for bob scheiffer this morning on "face the nation." good morning, norah. >> will there be massive tax increases and steep spending cuts in 2013? we'll talk about the fiscal cliff to senator dick durbin and senator tom coburn on face the nation. >> osgood: next week here on sunday morning, a conversation with general stanley mcchrystal. and we catch up with actress laura durn. my doctor diagnosed it as fibromyalgia, thought to be the result of overactive nerves that cause chronic widespread pain. lyrica is believed to calm these nerves. i learned lyrica can provide significant relief from fibromyalgia pain. and for some people, it can work in as early as the first week of treatment. so now i can do more of the things that i enjoy. lyrica is not for everyone. lyrica may cause serious allergic reactions or suicidal thoughts or actions. tell your doctor right away if you have these, new or wor
and on friday congress meets in joint session to confirm barack obama as the official winner of the presidential election. and still on the subject of washington, here's norah o'donnell who will be filling in for bob scheiffer this morning on "face the nation." good morning, norah. >> will there be massive tax increases and steep spending cuts in 2013? we'll talk about the fiscal cliff to senator dick durbin and senator tom coburn on face the nation. >> osgood: next week...
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Dec 30, 2012
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guest: president obama is engaged in a campaign to pressure congress to sign off on the deal. he asked the senate to put together an agreement that can be done before the new year. if they cannot, he wants a vote on his plan. it would extend most of the bush tax cuts and other a clean insurance. he said he is prepared to blame the republicans if it falls apart. host: david jackson, they do so much for joining us this morning. next, we will take a look at what is going on in iraq with michael gordon. we will be right back. [captions copyright national cable satellite corp. 2012] [captioning performed by national captioning institute] >> started to get through the fall of 1774. the british admiral said and diplomats were reporting to the crown -- the british were reported to the crown the colonists were trying to give ammunition. this was after the british sent more troops to boston after the boston tea party. it is clear the paulists were pulling together in addition -- to gather ammunition and cannons. the king prohibited british ships from taking ammunition and everything to
guest: president obama is engaged in a campaign to pressure congress to sign off on the deal. he asked the senate to put together an agreement that can be done before the new year. if they cannot, he wants a vote on his plan. it would extend most of the bush tax cuts and other a clean insurance. he said he is prepared to blame the republicans if it falls apart. host: david jackson, they do so much for joining us this morning. next, we will take a look at what is going on in iraq with michael...
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but will congress bow to president obama's pressure. >> and the i-team reveal while the state unemployment department won't answer your phone call when you knead the most help. >> the fight against the growing crime in oakland. what community leaders say i'm only in my 60's... i've got a nice long life ahead. big plans. so when i found out medicare doesn't pay all my medical expenses, i got a medicare supplement insurance plan. [ male announcer ] if you're eligible for medicare, you may know it only covers about 80% of your part b medical expenses. the rest is up to you. call and find out about an aarp medicare supplement insurance plan, insured by unitedhealthcare insurance company. like all standardized medicare supplement plans, it could save you thousands in out-of-pocket costs. call now to request your free decision guide. i've been with my doctor for 12 years. now i know i'll be able to stick with him. you'll be able to visit any doctor or hospital that accepts medicare patients. plus, there are no networks, and you never need a referral. see why millions of people have already enrol
but will congress bow to president obama's pressure. >> and the i-team reveal while the state unemployment department won't answer your phone call when you knead the most help. >> the fight against the growing crime in oakland. what community leaders say i'm only in my 60's... i've got a nice long life ahead. big plans. so when i found out medicare doesn't pay all my medical expenses, i got a medicare supplement insurance plan. [ male announcer ] if you're eligible for medicare, you...
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but will congress bow to president obama's pressure. >> and the i-team reveal while the state unemployment department won't answer your phone call when you knead the most help. >> the fight against the growing crime in oakland. what community leaders say >> ama: our breaking news from the south bay. san jose firefighters are battling a two-alarm fire in an important building -- an apartment building. firefighters say a second floor apartment is fully engulfed in flames. there's a report of one injury to a person suffering smoke inhalation. >> a family is grieving the loss of a father and son. the father tried to save his nine-year-old son who was overtaken by a wave. both victims were pronounced dead after rescuers recovered them off the shore. >>> san francisco police are looking for the man who robbed a woman, then killed her dog, last night. the 12-year-old pekingese was thrown on the street in front of traffic. a witness to the crime is offering a $1,000 reward to capture the taker. >> three horses were killed on highway 2 0 in redwood city after escaping from a farm. two drivers that
but will congress bow to president obama's pressure. >> and the i-team reveal while the state unemployment department won't answer your phone call when you knead the most help. >> the fight against the growing crime in oakland. what community leaders say >> ama: our breaking news from the south bay. san jose firefighters are battling a two-alarm fire in an important building -- an apartment building. firefighters say a second floor apartment is fully engulfed in flames....
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changing the tax congress passed to declare obama care constitutional which is a littleec scary that the highest justice is -- justices in the land would take the activist roll. that's what is scary. the backdrop of the presidential year was europe. we know where this path leads. all this turmoil, the huge welfare and the low productivity and high unemployment that comes along with them, that was the backdrop of the presidential campaign. voters voted, and they said, yes, we are going to keep moving in that direction, kim. where do you think the electorat is here? is it be ibd hue the choices that -- is it behind the choices that jason suggested they might be? >> barack obamaus won this election by very effectively making this a referendum about his opponent, mitt romney. if you went out and asked most americans, do you think barack obama did a great job in his first term? do you want significantly higher taxes? do you want the government to do nothing about spending? are you happy with obama care? most would say no. but in the end the choice was between a president who said things a
changing the tax congress passed to declare obama care constitutional which is a littleec scary that the highest justice is -- justices in the land would take the activist roll. that's what is scary. the backdrop of the presidential year was europe. we know where this path leads. all this turmoil, the huge welfare and the low productivity and high unemployment that comes along with them, that was the backdrop of the presidential campaign. voters voted, and they said, yes, we are going to keep...
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Dec 29, 2012
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both houses of congress will reconvene tomorrow. the main sticking point remains tax increases on the wealthy. while some republicans suggest raising taxes for those earning at least a million, president obama and democrats want increases on anyone making more than $250,000 a year. >> we just can't afford a politically self-inflicted wound to our economy. the economy is growing, but keeping it that way means that the folks you sent to washington have to do their jobs. >> in this morning's weekly address, the president says congress must meet the new year's deadline and pass a balanced plan that offers middle class tax cuts and reduces spending in a responsible manner. >> the president's proposal to raise taxes on the top 2% of americans won't even pay one third of the annual interest that's now owed on this massive $16 trillion debt. >> missouri senator roy blunt delivered the gop weekly address, saying the president's tax hike would only fund the government for eight days. >>> if no deal is reached, giving you a look at what could
both houses of congress will reconvene tomorrow. the main sticking point remains tax increases on the wealthy. while some republicans suggest raising taxes for those earning at least a million, president obama and democrats want increases on anyone making more than $250,000 a year. >> we just can't afford a politically self-inflicted wound to our economy. the economy is growing, but keeping it that way means that the folks you sent to washington have to do their jobs. >> in this...
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. >> president obama is urging congress to reach a deal to avoid the fiscal cliff. in today's radio and internet address, mr. obama says he believes leaders in congress may be able to reach an agreement that can pass both houses before taxes rise and spending cuts take effect at the end of the year. he urges "washington politics" to not get in the way of "america's progress." meanwhile, in the republican address, missouri senator roy blunt says the nation can avoid going over the fiscalbama and the democratic- controlled senate work with republicans to solve the problem. >> the senate has approved a 60-point-4 billion dollar emergency spending package for hurricane sandy recovery. the measure, which was backed by democrats, now heads to the house. meanwhile, republican leaders favor a smaller aid package to pay for immediate sandy recovery needs, saying they need more time to consider any additional aid. >> sandy battered the east coast in late october. it was the most costly natural disaster since hurricane katrina in 2005. >> a connecticut attorney is asking permi
. >> president obama is urging congress to reach a deal to avoid the fiscal cliff. in today's radio and internet address, mr. obama says he believes leaders in congress may be able to reach an agreement that can pass both houses before taxes rise and spending cuts take effect at the end of the year. he urges "washington politics" to not get in the way of "america's progress." meanwhile, in the republican address, missouri senator roy blunt says the nation can avoid...
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now to avoid the distinction, congress needs to submit about 100 bills to president obama in the next few days. >>> that lack of productivity isn't hurting paychecks on capitol hill. even as tax hikes and an end to unemployment benefits for two million people could be on the way because of the fiscal cliff, congress, though, hey, about to get a raise. part of an executive order that president obama issued which ends a pay freeze for federal workers. their salaries, yeah, they'll if up by half a percent after march 27. that's an extra $900 before taxes. currently members of congress make $174,000 a year except for leaders who make a little more. the last time there was a pay raise was 2009. >>> there is one thing the senate has agreed on, getting aid to victims of superstorm sandy. by a 61-33 vote the chamber passed a measure offering $60 billion in help. it heads to the house which must approve the bill by thursday or else the process to consider the money has to start all over again. at least 113 people were killed when superstorm sandy hit in late october. the governors of new york
now to avoid the distinction, congress needs to submit about 100 bills to president obama in the next few days. >>> that lack of productivity isn't hurting paychecks on capitol hill. even as tax hikes and an end to unemployment benefits for two million people could be on the way because of the fiscal cliff, congress, though, hey, about to get a raise. part of an executive order that president obama issued which ends a pay freeze for federal workers. their salaries, yeah, they'll if up...
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. >> new this morning president obama is making alternative plans in case congress does not vote on a compromise to avoid the fiscal cliff. nearly every american's paycheck is about to shrink until they prevent the tax hikes from kicking in january 1st. >> while conditional leaders work on a way to avoid it, president obama said he will propose another vote in case they don't vote on it. >> i will urge the senate to hold an up-or-down vote that -- on a basic package that protects the middle class from an income tax hikes and extends unemployment americans look for a job and lays the ground work for more economic growth andç deficit reduction. i believe suchmy a proposal coud pass both house was bipartisan majorities as long as these leaders allow it to come to a vote. >> republican house speaker john boehner said he's willing to bend on raising taxes for the wealthiest americans to avoid the fiscal cliff. >>> don't be surprised if you come across a dui checkpoint in your neighborhood over the next few days. the highway patrol and other law enforcement agencies have their checkpoints
. >> new this morning president obama is making alternative plans in case congress does not vote on a compromise to avoid the fiscal cliff. nearly every american's paycheck is about to shrink until they prevent the tax hikes from kicking in january 1st. >> while conditional leaders work on a way to avoid it, president obama said he will propose another vote in case they don't vote on it. >> i will urge the senate to hold an up-or-down vote that -- on a basic package that...
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i would like to make a general comment about the congress and the senate. somehow they have gotten off track for the american people. they need to bring jobs back to the united states. president obama promised in his campaign to lower the corporate tax rate, which i believe would bring some corporations back to set up their factories of in america and said of china, india, brazil. it just seems like congress and our leaders in general are trying to bring america down equal to the other nations of the world. i believe it is all headed for a one world government. they have to knock america down before they can get us equal with the other countries in the world. we are building the other countries up. it's a cinch to me like our leaders reject i agree with the last caller, there should be term limits. after they are in there so long, their interest is not in helping america. it seems to me like they are positioning for money in their own pockets or they become lobbyists. this secreted a law that they should not be able to become lobbyists for a few years sucke
i would like to make a general comment about the congress and the senate. somehow they have gotten off track for the american people. they need to bring jobs back to the united states. president obama promised in his campaign to lower the corporate tax rate, which i believe would bring some corporations back to set up their factories of in america and said of china, india, brazil. it just seems like congress and our leaders in general are trying to bring america down equal to the other nations...
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. >> president obama is saying that he is out of patience and he is urging congress to do its job. i >> what ever we come up with, it is not going to be perfect and did not everybody is going to like it. >> house speaker john peter does not want to bring anything to congress until it is passed by the house. those tax cuts are expected to expire house speaker john boehner does not want to bring anything until it is passed by the house. >> these everyday workers are going to be paying the price for all of not being able to get anything done. >> catherine: after a break in the rain.yet another round is this is a live look at conditions in san on van ness avenue. i'm in the weather center with jacqueline - who has been tracking this latest >> jacqueline: it has been a bit deceiving. but we are finally seeing rain hit the coast. half moon bay in the last one hour and a san francisco probably seen some sprinkles right now as well. let us to track some of these rainfall totals. not all of this is hitting the ground. there are pockets of yellow is indicating the rainfall in excess of 1 ten
. >> president obama is saying that he is out of patience and he is urging congress to do its job. i >> what ever we come up with, it is not going to be perfect and did not everybody is going to like it. >> house speaker john peter does not want to bring anything to congress until it is passed by the house. those tax cuts are expected to expire house speaker john boehner does not want to bring anything until it is passed by the house. >> these everyday workers are going...
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. >>> congress is extending the government's authority to monitor oversea calls without a court order. it was said to expire at the end of the year. president obama is expected to sign the bill, his signature would keep the program in operation for another five years. >>> an australian surfer has lived to tell the tale of a harrowing shark attack. >> they've done an excellent job,. >> reporter: luke alan was shaken but obviously happy to have survived his encounter with a shark. alan was surfing in new south whales. suddenly a shark moved in and alan fought back. >> out of the blue, a bull shark just came up. on the third time he managed to get the board and drive it into the head of the shark. >> alan will have a few reminders of his ordeal. the shark left a bite wound on his thigh and took off one of his index fingers. >>> a new attack is bringing awareness. who they're targeting and what it could mean for your personal information. >> and i'm still tracking some showers on live storm tracker 2. how much rain it will bring to your neighborhood and an early look at your new year's ev
. >>> congress is extending the government's authority to monitor oversea calls without a court order. it was said to expire at the end of the year. president obama is expected to sign the bill, his signature would keep the program in operation for another five years. >>> an australian surfer has lived to tell the tale of a harrowing shark attack. >> they've done an excellent job,. >> reporter: luke alan was shaken but obviously happy to have survived his encounter...
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. >> reporter: press the barack obama needs is- president barack obama is saying that the congress need to take immediate action. the meeting today was good, and constructive but there's no agreement there should be a vote on his proposal to extend unemployment benefits and also help with tax cuts on the middle-class. justin waldman, kron 4. >> reporter: the city of richmond has been issuing a permit to pg&e. this san bruno explosion.. for chevron is hoping that this will be completely repaired by the end of next year. >> reporter: senator cherry hill well propose a bill to install an interlock device on their vehicles. >> for one year and comply with the calibration every other month. before fully getting their driving privileges back this will make it clear that repeat offenders to not complete the interlock program there will never get their license back. >> reporter: haazig madyun redwood city, kron 4 >> reporter: just a couple of days away from a to year's eve and if you might want to consider- public transportation. they have extended transportation or even free! muni will be offe
. >> reporter: press the barack obama needs is- president barack obama is saying that the congress need to take immediate action. the meeting today was good, and constructive but there's no agreement there should be a vote on his proposal to extend unemployment benefits and also help with tax cuts on the middle-class. justin waldman, kron 4. >> reporter: the city of richmond has been issuing a permit to pg&e. this san bruno explosion.. for chevron is hoping that this will be...
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outsourced obama care, outsourced the stimulus bill. left this to congress, to do all the major works he wanted, left it to them. now he's handing it over. he's the only western this afternoon who doesn't have to bow to the god of re-election, he, if anyone, could compromise, he doesn't have to worry about getting re-elected again. that's driving decision making on both sides when it comes to congress, yet, he doesn't lead. he hands it over to a man who hasn't passed a budget in years. >> at 3:00, we'll meet. and i'll tell congressional leaders, you come up with the package, tyler. >> the real tragedy, what it says about the quality of leadership in this country. they can't lead, seem unwilling to lead. that's what's distressing to individual voters and to the markets. >> thank you, joining us, and thank you, out there. we'll join "mad money" right after this break. and we'll see michelle right after that on a special "kudlow report." let's give thanks - for an idea. a grand idea called america. the idea that if you work hard, if you ha
outsourced obama care, outsourced the stimulus bill. left this to congress, to do all the major works he wanted, left it to them. now he's handing it over. he's the only western this afternoon who doesn't have to bow to the god of re-election, he, if anyone, could compromise, he doesn't have to worry about getting re-elected again. that's driving decision making on both sides when it comes to congress, yet, he doesn't lead. he hands it over to a man who hasn't passed a budget in years. >>...
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thank you very much, everybody. >> president obama talking about a possible up or down vote if congress cannot come to an agreement that both houses can agree on. after his meeting earlier today we heard from senate majority leader harry reid and mitch mcconnell and let's hear what they had to say from the floor of the senate. >> what plans we were talking about is that everyone knows we've been to the white house, we had a constructive meeting. we hope that something will -- positive will come out of that. we're working to see what we can come up with. we shouldn't take a long time to do that. i think it would be to everyone's interest that we're not in session tomorrow. my plan to come in at 1:00, we have an hour in our previous agreement that we have. there's an hour of debate, we will have a vote, we have another vote that has been set up. >> you're talking about sunday, right? >> sunday, right. the vote will start a little after 2:00 and for us we're going to have another caucus following that. hopefully by that time we will make that determination senator mcconnell and i will do s
thank you very much, everybody. >> president obama talking about a possible up or down vote if congress cannot come to an agreement that both houses can agree on. after his meeting earlier today we heard from senate majority leader harry reid and mitch mcconnell and let's hear what they had to say from the floor of the senate. >> what plans we were talking about is that everyone knows we've been to the white house, we had a constructive meeting. we hope that something will --...
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. >> if president obama and congress aren't able to avoid the fiscal cliff people here in california will be hit especially hard because of prop 30 which was voted into law back in november. it will soon mean higher sales tax and higher income tax on the state's top earners. the fiscal cliff would add to that hitting all americans with higher taxes. >> i don't know, there's a word to describe how upset the public is going to be. nobody's going to be happy to see that happen. >> if taxes go up on everybody it's not going to be a happy time. but i think that's inevitably what's going to happen. >> they say the lowest income folks will see their take home pay shrink just over three and a half%. average earners 4% and top earners 6%. >> another sign the housing market is improving, the national association of realtors says pending home sales rose last month to the highest level in 2 and a half years. pending sales rose nearly 2% in november and that's the third month in a row it's gone up. >> amazon had a green christmas season. they announced the 2012 holiday sales were the biggest ever
. >> if president obama and congress aren't able to avoid the fiscal cliff people here in california will be hit especially hard because of prop 30 which was voted into law back in november. it will soon mean higher sales tax and higher income tax on the state's top earners. the fiscal cliff would add to that hitting all americans with higher taxes. >> i don't know, there's a word to describe how upset the public is going to be. nobody's going to be happy to see that happen....
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. >> the american people have a right to be very upset with this congress. >> reporter: president obama has invited nancy pelosi, john boehner, mitch mcconnell and harry reid to the white house this afternoon for a "fiscal cliff" summit. >> here we are five days from the new year, and we might finally start talking. >> reporter: today's white house meeting might be the last chance to come to an agreement. that's because it takes time for a bill to work its way through both chambers of congress. >> i don't know time-wise how it can happen now. >> reporter: under senate rules the only way a bill could make its way through the procedure hurdles in time is if every senator agrees not to slow the progress. the house will be back here sunday night giving them just more than 24 hours to vote on any bill the senate works out. outside the beltway, carlino will be watching. >> everybody's kind of in a wait-and-see and fingers crossed perspective right now. >> reporter: since 1930, this is only the fifth time congress has worked after christmas. tara mergener for cbs news, washington. >>> today's
. >> the american people have a right to be very upset with this congress. >> reporter: president obama has invited nancy pelosi, john boehner, mitch mcconnell and harry reid to the white house this afternoon for a "fiscal cliff" summit. >> here we are five days from the new year, and we might finally start talking. >> reporter: today's white house meeting might be the last chance to come to an agreement. that's because it takes time for a bill to work its way...
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. >>> if president obama and congress are not able to end the fiscal cliff people here will be hard hit. prop 30 voted into law in november will mean higher sales taxes and higher income taxes on the states top earners. the fiscal cliff would add to that. hitting all americans with higher taxes. the lowest income folks will see their take home pay shrink just over 3.5%. average earners 4% and top earners 6%. >>> the crystal ball that drops in new york's time square will have a little something extra this year. workers are already installing the 288 crystal panels. one of them is a little different from the rest. it's engraved with the name of dick clark. he hosted the new years eve telecast from time square for 40 years. this year's show will be hosted by ryan sea crest. >>> time now 6:26. let's go to tara. she is covering traffic. there is something going on in marin. >> yeah pretty minor thing. 101 northbound at highway 37 this is in novato. we have a stalled vehicle or someone that spun out. chp has not figured that out yet. right now let's take a live look at down in the south bay.
. >>> if president obama and congress are not able to end the fiscal cliff people here will be hard hit. prop 30 voted into law in november will mean higher sales taxes and higher income taxes on the states top earners. the fiscal cliff would add to that. hitting all americans with higher taxes. the lowest income folks will see their take home pay shrink just over 3.5%. average earners 4% and top earners 6%. >>> the crystal ball that drops in new york's time square will have a...
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. >> reporter: president obama flew home early from his hawaii vacation yesterday. speaker boehner call the house back into town for an unusual sunday session. members of congress understand the 11th hour acts may not be enough to appease the public. >> the american people have a right to be very upset with this congress. >> reporter: the fiscal cliff would bring massive tax increases and deep spending cuts. treasury department would have trouble paying its bills. many worry the financial woes would plunge the u.s. back into a recession. within possible effect of the fiscal cliff/fro, -- milk prices could spike two or three dollars a gallon because farm -- some are calling that dairy cliff. >>> 6:17. mike here tracking light rain.i. l >> i'd like to. >> here's mike with the weather. >>> thank you, hope you are having a great friday morning dry sky over san francisco from the east to sutro tower. light rain showing up off the sonoma county coast,oo8Ñ let's zoom down and show you highway 1 from to inverness looks like it is raining but not reaching the ground. sprink
. >> reporter: president obama flew home early from his hawaii vacation yesterday. speaker boehner call the house back into town for an unusual sunday session. members of congress understand the 11th hour acts may not be enough to appease the public. >> the american people have a right to be very upset with this congress. >> reporter: the fiscal cliff would bring massive tax increases and deep spending cuts. treasury department would have trouble paying its bills. many worry...
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. >> reporter: president obama is rounding up the top four leaders in congress to meet at the white house. senate leaders harry reid and mitch mcconnell will be at that meeting scheduled for about seven hours from now. this could be their last chance to find terms they can all agree to. the president and senate got back to work yesterday. the house of representatives just got the call to return sunday night. a vote has been taken by monday or else automatic income tax increase will kick in on tuesday. republican aid say their leaders might now get on board with that. even so there is economic proof that many americans still fear going over the fiscal cliff. i'll have more on that in my next update. live in washington kyla campbell ktvu channel 2 news. >>> analysts say if the country goes over the fiscal shift it could send the economy back if into a recession. >>> secretary of state hillary clinton is expected to return to work next week. a specksman for clinton says she continues to recooperate at home. doctors say clinton contracted a stomach virus earlier this month and became dehydrat
. >> reporter: president obama is rounding up the top four leaders in congress to meet at the white house. senate leaders harry reid and mitch mcconnell will be at that meeting scheduled for about seven hours from now. this could be their last chance to find terms they can all agree to. the president and senate got back to work yesterday. the house of representatives just got the call to return sunday night. a vote has been taken by monday or else automatic income tax increase will kick...
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. >> reporter: president obama flew home early from his speaker boehner call the house back into town for an unusual sunday session. members of congress understand the 11th hour actions may not be enough to appease the public. >> the american people have a right to be very upset with this congress. >> reporter: the fiscal cliff would bring massive increases and deep spending cuts treasury department would have treble paying its bills. many -- many worry it would plunge the u.s. back into a recession. one possible effect of the fiscal cliff, milk prices could spike two or three dollars a gallon because farm programs will expire the end of the year. some are calling that dairy cliff. wendy gillette, abc news, new york. >>> mike jing us with a look at the -- mike joining us with a look at the forecast, more rain on the way? >>> in due time we'll get light rain not this morning high clouds to the east from sutro tower in san francisco where dry now live doppler 7 hd spinning tracking the showers, the rain i should say as it is developing over the ocean water right now let's see how far th
. >> reporter: president obama flew home early from his speaker boehner call the house back into town for an unusual sunday session. members of congress understand the 11th hour actions may not be enough to appease the public. >> the american people have a right to be very upset with this congress. >> reporter: the fiscal cliff would bring massive increases and deep spending cuts treasury department would have treble paying its bills. many -- many worry it would plunge the...
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Dec 28, 2012
12/12
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. >> the american people have a right to be very upset with this congress. >> reporter: president obama has invited nancy pelosi, john boehner, mitch mcconnell and harry reid to the white house this afternoon for a "fiscal cliff" summit. >> here we are five days from the new year, and we might finally start talking. >> reporter: today's white house meeting might be the last chance to come to an agreement. that's because it takes time for a bill to work its way through both chambers of congress. >> i don't know time-wise how it can happen now. >> reporter: under senate rules the only way a bill could make its way through the procedure hurdles in time is if every senator agrees not to slow the progress. the house will be back here sunday night giving them just more than 24 hours to vote on any bill the senate works out. outside the beltway, carlino will be watching. >> everybody's kind of in a wait-and-see and fingers crossed perspective right now. >> reporter: since 1930, this is only the fifth time congress has worked after christmas. tara mergener for cbs news, washington. >>> it is ne
. >> the american people have a right to be very upset with this congress. >> reporter: president obama has invited nancy pelosi, john boehner, mitch mcconnell and harry reid to the white house this afternoon for a "fiscal cliff" summit. >> here we are five days from the new year, and we might finally start talking. >> reporter: today's white house meeting might be the last chance to come to an agreement. that's because it takes time for a bill to work its way...
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Dec 28, 2012
12/12
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. >> president obama is scheduled to meet with top congressional leaders in the oval office with the fiscal cliff deadline rapidly approaching. congress is cutting it close to avoid the fiscal cliff yesterday senate majority leader harry reid blasted speaker boehner for letting lawmakers go on vacation. house makers are not due back until sun -- house lawmakers are not due back until sunday. boehner said the house will take action on whatever the senate can pass. >>> all the early season rain and snow we've been getting has water experts optimistic about california's water supply. the storms have replenished many reservoirs snow has increased snow back to nearly 150% of normal. >> partial supply in the barn either in reservoir storm or snow pack. however, it still depends on the remainder of the season 2/3 of the wet season is still let. >> snow pack runoff normally provides cal with a third of its water supply. >>> more -- more water on the way. >> this storm is so close to the coast it probably won't get snow in the sierra. good morning. because the storm is so close to the coast w
. >> president obama is scheduled to meet with top congressional leaders in the oval office with the fiscal cliff deadline rapidly approaching. congress is cutting it close to avoid the fiscal cliff yesterday senate majority leader harry reid blasted speaker boehner for letting lawmakers go on vacation. house makers are not due back until sun -- house lawmakers are not due back until sunday. boehner said the house will take action on whatever the senate can pass. >>> all the...
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Dec 28, 2012
12/12
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. >> president obama in congress are looking to keep automatic spending freezes from kicking in a pain has the stor\ed paine has the story >> nancy pelosi, which mcconnell, and john boe hner have four days to reach agreement or spending cuts would take effect. >> both sides are involved in a high-stakes political blame game. >> we are here in washington working. the members of house of represented or out watching movies, and watching the kids play soccer, basketball, and doing all kinds of things. they should be here. >> i told president i will be happy to look at what ever he proposes. a hard deadline. as i said this is the conversation we should of had to go. >> democrats want to extend the bush era tax cuts to everyone except those americans making $250,000 or more per year. republicans remain against any tax increases. >> most americans just wasn't begun. >> people are tired. >> islamic not reach a deal by january 1st many economists are concerned it could lead to another recession. >> ibm ed paine reporting. >> and other nationals former president george h. w. bush is still in int
. >> president obama in congress are looking to keep automatic spending freezes from kicking in a pain has the stor\ed paine has the story >> nancy pelosi, which mcconnell, and john boe hner have four days to reach agreement or spending cuts would take effect. >> both sides are involved in a high-stakes political blame game. >> we are here in washington working. the members of house of represented or out watching movies, and watching the kids play soccer, basketball, and...